Economy

Economy
IRS Urges Americans To Claim Stimulus Payments
September 09, 2020

It’s the last chance for taxpayers to collect a stimulus payment check. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Economy
Where People Spent Stimulus Payments – And Where They Didn’t
September 09, 2020

The stimulus payments may not have done much to, well, stimulate the economy at large. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Economy
Second Stimulus Check Not In GOP’s Pared-Down Package
September 09, 2020

Republicans unveiled a $500 billion stimulus package on Tuesday (Sept. 8) that includes another round of Paycheck Protection Program (PPP) forgivable loans for small businesses, but does not contain a second $1,200 direct payment to taxpayers. Get the Full Story Complete the form to unlock...

Economy
Work-From-Home Trend Leads To Increase In Backyard Sheds
September 08, 2020

As the COVID-19 crisis drags on, Americans continue to explore new ways of working from home — sometimes including building sheds to add more space to their living areas. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Study: Virus Has Sent Most U.S. 18- to 29-Year-Olds Living With Their Parents
September 08, 2020

For the first time since the Great Depression, most adult children in the U.S. are living with their families, according to a new report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
US Retailers Added 249,000 Jobs In August
September 07, 2020

Last Friday’s (Sept. 4) jobs report brought good news to the nation’s retail sector as it added nearly one quarter of a million jobs in August. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Economy
US Stimulus Deal Seen As Unlikely As Job Numbers Improve
September 07, 2020

As the unemployment rate fell to the single digits last week, hope for a compromise stimulus package may have disappeared. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Economy
Fed’s Rosengren: Even With Positive Job Numbers, US In ‘Significant Recession’
September 04, 2020

Despite a better than expected job report, Boston Federal Reserve President Eric Rosengren told CNBC a full recovery is impossible until COVID-19 is under control. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Economy
US Adds 1.4M Jobs In August, Jobless Rate Falls To 8.4 Pct
September 04, 2020

The U.S. added 1.4 million jobs in August while the nation’s unemployment rate fell to 8.4 percent, down from 10.2 percent in July, the U.S. Bureau of Labor Statistics (BLS) reported Friday (Sept. 4). Get the Full Story Complete the form to unlock this article...